| UNG latest price $13.4900 (-6.9%) ($13.3500 - $13.9300) on Wed. May. 6, 2020. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 3.85% (three month average) |
RSI | 57 |
Latest Price | $13.4900(-6.9%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | UNG advances 0.7% a day on average for past five trading days. |
Weekly Trend | UNG advances 0.2% a week on average for past two weeks. |
Market Behavior | Value stocks sell-off for large cap. Value stock sell-off for small cap. |
Correlated ETFs | Broad market will support UNG advance at 0% a week (0% probability) XOP(25%) XLE(17%) VYM(15%) USO(14%) XLB(14%) |
Factors Impacting UNG price | UNG will decline at least -1.925% in a week (0% probabilities). VIXM(-8%) IGOV(-7%) DRIV(-3%) VXX(-2%) UUP(-2%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -1.925% (StdDev 3.85%) |
Hourly BBV | -1 () |
Intraday Trend | -3.2% |
| |
|
|